When Developing Probabilistic Estimates of Project Duration,it Is Necessary to Know

question 15

Multiple Choice

When developing probabilistic estimates of project duration,it is necessary to know which of the following?

• A)The mean and variance of every activity
• B)The mean and variance of activities on the critical path
• C)The standard deviation of activities on the critical path
• D)Each activity's probability of completion
• E)The distribution of activity durations

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Definitions:

No-Par

No-par refers to shares of stock issued without a par value, which means the stock's face value is not set and is determined by the market.

Sub-Par

A term indicating something is below an expected level of quality, performance, or standard.

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Individuals appointed or elected to oversee and manage a corporation or organization and make strategic decisions.

Criminal Behavior

Actions that violate laws and are punishable by the government, including felonies and misdemeanors.